MIRA
INFORM REPORT
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Report Date : |
16.09.2008 |
IDENTIFICATION
DETAILS
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Name : |
INTERAG S.A |
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Registered Office : |
Av. Dr. Luis A. de Herrera 1248 Piso 17, World Trade Center Torre Bx Montevideo CP 11200 |
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Country : |
Uruguay |
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Date of Incorporation : |
2002 |
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Legal Form : |
Joint-Stock Company |
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Line of Business : |
Investment Development |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY
NAME : INTERAG S.A.
TAXPAYER
REGISTRATION : RUT 214572370019
MAIN ADDRESS : Av. Dr. Luis A. de Herrera 1248 Piso 17,
World Trade Center Torre Bx
CITY/PROVINCE/STATE :
Montevideo
CP 11200
COUNTRY : URUGUAY
TELEPHONE : (5982)623.0000
COMMENTS .-
The address and telephone number supplied belong to ESTUDIO FERRERE
LAMISON (law firm).
SUMMARY
Incorporation :
2005
Finantial
Situation : UNDETERMINED
Payments :
No
further credit experience available
Business Trend :
Undetermined
LEGAL BACKGROUNDS
LEGAL STATUS :
Joint-Stock
Company
DATE OF
INCORPORATION : 2002
REGISTERED IN :
Montevideo
LISTED AT STOCK
EXCHANGE : No
CURRENT EXCHANGE
RATE :
Ps$20.40
per USD 1.00
HISTORY
According to the inquiries made, on July 19, 2002, Shareholders resolved
to change Subject's name (former name: INSTERNEL SA) and started operating as
INTERAG SA., entered in the National Registry of Commerce of Uruguay on July
29, 2002, under Number 6385.
DIRECTORS / EXECUTIVES /
SHAREHOLDERS
FULL NAMES / COMPANY NAME TITLE
CIUFFOLINI, ATILIO EUGENIO Shareholder
OBERTO, MARCELO FABIAN Shareholder
NEVES ZANCHET, RODRIGO President
WHO IS WHO ?
CIUFFOLINI,
ATILIO EUGENIO
NATIONALITY : Argentinian
OBERTO,
MARCELO FABIAN
NATIONALITY : Argentinian
BUSINESS
MAIN ACTIVITY .-
This is a company user of the Foreign Trade
Zone, formed in Montevideo, so that arrivals and departure of merchandise in
the name of Subject is not registered in Dirección Nacional de Aduanas
(National Board of Customs).
Hence, between April 2002 and April 2003 no
importing or exporting transactions were reported.
Subject is an indirect virtual user of
HAIMLING.
A source reported investment development is
Subject Company's main activity.
FACILITIES .-
Remarks and other Premises .-
As previously mentioned, the above address
belongs to Estudio Ferrere Lamison (Law Firm) which is responsible for dealing
with Subject's legal and administrative matters.
It is unknown where physical premises of the
Company are.
FINANCIAL INFORMATION
We attended caption addess which belongs to
the law firm ESTUDIO FERRERE LAMISON which takes care of all legal and
administrative affairs of INTERAG S.A.
However, since Subject is protected by
nondisclosure policy , all information concerning the company was declined.
Thus, report was produced with the data obtained through our investigations in
different external sources equally reliable.
FINANCIAL
SITUATION : UNDETERMINED
Financial situation is considered
indeterminate as no accounting elements were available to assess Subject's
current results.
PROPERTIES OF THE
COMPANY .-
Reportedly, Subject Company has no real properties but it is greatly
supported by the commercial operations it carries out.
PAYMENTS RECORD
CREDIT HISTORY .-
Due to the nature of Subject's activities, traced no operations with
Uruguay-based companies.
LAWSUITS ? .-
No legal proceedings have been brought against this Company.
BANKING INFORMATION
BANKERS
No information was available concerning the banks Subject deals with but
based on the inquiries made, no bank restraints were found either.
CREDIT OPINION
Consulted Credit Amount : US$.10,000.= Viable ? : No
Given its situation, the subject Company is not considered viable for
credits.
NOTE: The Opinion given is confidential,
referential and without liability.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.94 |
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UK Pound |
1 |
Rs.82.84 |
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Euro |
1 |
Rs.65.95 |
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)